For Sale

705 GARAFRAXA Street, Durham, Ontario N0G1R0

$1,195,000

705 GARAFRAXA Street, Durham, Ontario N0G1R0 is For Sale and has a listing price of 1,195,000. The property is located in the West Grey neighbourhood. It's been on the website for 49 Days.

  • Industrial
    Property Type
  • MLS ID: 40629214
  • Office Name Royal LePage Locations North (Meaford), Brokerage
Property Description

Vendor take-back mortgage available! Unlock the potential of this 1.828-acre industrial property. Currently featuring 6000 SF of industrial space, 3500 SF of storage/office space and an additional 3500 SF ft on the second floor best suited for offices, retail, or residential units. Zoned M1-150, this unique property permits 2900 SF of residential space within the building in addition to over 30 permitted uses such as any manufacturing, processing, assembly, repair, fabricating, milling, professional offices, brewery and storage. The electrical system was upgraded in 2012 to 3-phase 600-volt 400-amp service. Currently utilized for a carpentry business. The roof was redone in 2012 over the industrial/warehouse space, this portion of the building boasts 14 ft ceilings with approximately 12 ft clearance, equipped with natural gas infrared tube heaters. The property provides ample parking, excellent highway exposure and option to sever land. The building requires some TLC, renovate to suit your business needs! (id:43137)

Property Details
  • MLS ID: 40629214
  • Price: $1,195,000
  • Transaction Types: For Sale
  • Ref ID: 27251196
  • Year Built: N/A
  • Property Type: Industrial
  • Property Type: Commercial
  • Property Sub Category: Industrial
Price History
List Date MLS ID List Price Status End Date Closed Price
08/01/2024 40629214 $1,195,000 For Sale - -
04/03/2024 40566219 $1,195,000 For Sale - -
12/21/2023 40522537 $1,195,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
West Grey
  • $888,257 Average List Price
    based on 1 year
  • 50 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 78.06 % Up
  • Sold (12mo) 42
  • Rented (12mo) 1

  • 1 Month Change -7.8%
  • 3 Month Change +3.0%
  • 6 Month Change +4.1%
Walkscore
Property Type Distribution
  • All Houses
    70.41%
  • All Houses/Commercial
    0.34%
  • Commercial
    21.78%
  • Condo
    1.11%
  • Land for Sale
    6.35%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 None
  • Water Municipal Water
  • Exterior Brick, Concrete, Aluminum Siding
  • Property Features Visual Exposure, Paved Driveway
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 01/08/2024 00:00:00
  • Zoning Y
  • Agent Name: Heather McGee
  • Address Subdivision: West Grey
  • Last Updated: 07/08/2024 14:41:51
Open House Dates
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